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Cannara Biotech Inc. V.LOVE

Alternate Symbol(s):  LOVFF

Cannara Biotech Inc. is a Canada-based vertically integrated producer of premium-grade cannabis and cannabis-derivative products for the Quebec and Canadian markets. It operates through its wholly owned subsidiaries, Cannara Biotech (Quebec) Inc. and Cannara Biotech (Valleyfield) Inc. The Company owns two mega facilities based in Quebec spanning over 1,650,000 square feet, providing the Company with 100,000 kilograms of annualized cultivation output. It operates in two segments: Cannabis operations and Real estate operations. The Cannabis operations, which encompasses the cultivation, processing and sale of dried cannabis and cannabis derivatives for the Canadian market and other cannabis services (Cannabis operations). The Real estate operations, related to the Farnham and Valleyfield building (Real estate operations). The Company’s brand portfolio includes Tribal, Nugz, and Orchid CBD. Orchid CBD is a wellness brand that provides premium CBD-dominant cannabis.


TSXV:LOVE - Post by User

Comment by GordonGecko1986on Jan 18, 2021 7:44pm
227 Views
Post# 32323164

RE:RE:RE:RE:RE:0.13 est entrain de se faire gruger... prochain wall à 0.14$

RE:RE:RE:RE:RE:0.13 est entrain de se faire gruger... prochain wall à 0.14$The key is how long to be in store at SQDC after the approval and LOI. Form 7 told us that they were preparing package for SQDC. Expenses where up.... probably for packaging.

From the Form 7 of december 2020: "The inventory was composed of approximately 2,600 kg of dried cannabis currently in post-harvest process, excluding work-inprogress, and approximately 2,300 kg of dried cannabis in bulk package form (excluding trim) that will be dedicated to wholesale market and/or retail market depending on timing of reception of the amended sale license
...
Management is working on the sales, marketing and packaging activities for the first commercial product intended for the SQDC."

source: https://webfiles.thecse.com/CSE_Form_7_-_Monthly_Progress_Report_-_December_2020_1.pdf?QDh9bTiX3YNtDmoROTMDUkTtFvvUK7jl

Q1-2021's numbers will be very interesting.

Are they will announce Phase 2? Do they'll use profit for it or loan for a faster phase 2 development? What will you do? Be visionaire on your thoughts.
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